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Market Snippet
The benchmark Indices surged as the BJP has announced the name of Bihar Governor Ram Nath Kovind as the party’s official nominee for the post of the President of India. Domestic sentiment was also buoyed on positive global cues and on account of progress made on the GST front. Nifty ended the first trading session of the week in green at 9676.50. The Metal and banking shares were the major gainers of the day while Pharma and realty shares were the major losers of the day.

Global Markets Update
European stocks headed for their biggest rise in two months on Monday as investors snapped up cut-price retail and tech stocks and France’s shares and bonds cheered a meaty parliamentary majority for pro-business President Emmanuel Macron. Boeing unveiled a new member of its best-selling 737 aircraft range, injecting new life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the Paris Air show on Monday.